COMMERCIAL

Evening Star, Issue 18339, 28 July 1923, Page 8

COMMERCIAL

Tho secretary of the Otago Building and Investment Society and Bank of Deposit reports that ait tho directors’ first fortnightly meeting for the last quarter of the secigni financial year 126 shares were allotted, bringing ‘the total number of shares on the register to 2.271. Advances on mortgage totalling £2,000 were passed. BUTTER AND CHEESE. Press Association—By Telegraph—Copyright. LONDON, July 26. Tho butter market is very firm, and only store stoeke are available, for which there is a good demand. Tho strike has stopped supplies from Ireland. New Zealand choicest, 170 s; exceptionally good lots, 1725; Australian, 1625; exceptionally good. 1645; Danish, about 178 s. A good quantity of Danish is going to America, where drought has affected tho local supplies, The first arrival of Siberian butter (about 2,000 casks) is duo at tho end of the month. Only a few crates of New Zealand obecso are obtainable, and are fetching 108 s. This price is unlikely to be maintained when ihc strike ends.—A. and N.Z. Cable. BRADFORD WOOL MARKET. Press Association—By Telegraph—Copyright. LONDON, July 26. At Bradford business in merinos is still stagnant. Crosc-breds are slightly better, with a hardening tendency. Sixty-four's aro quoted- at Is lid ; super, 60s, 4s 5d ; 56's, 2s lid; 50’s, 2s 2d: 46’s, Is st,d; and 40's, Is Ad,—A. and N.Z. Cable. THE AIETAL MARKET. Press Association—Bv Telegraph—Copyright. LONDON, July 26. (Received July 28, at 1 a.m.) Copper.— Spot, £65 6sAd; forward, £66 Is 3d. Load, £24 and £34 2.s 6d. Spelter, £3O 12s 6d and £3O 7s 6d. Tin, £lB3 13s 9d and £lB4 13s 9fl. _ Silver, 3CJd per ounce.—A. and N.Z. Cable. HOME MARKETS. Tho New Zoahnd Loan and Mercantile Agency Company, Ltd., has received the following cablegram from its London house, under 'date 25‘h : nsl. ■—fallow ; No sale owing u, si like. Quotations unchanged.